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BlockchaINVEST • January 7 - March 11, 2019

At BlockchaInvest, international blockchain companies and crypto projects looking to raise capital meet local investors and fund managers in a…

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Tag: Middle East

Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification

Category: Adoption, Altcoins, Blockchain, News, Platform

Swiss Cryptocurrency Firm X8 Bags Islamic Finance Certification

X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018. Plans to Expand into the Middle East Seeing the burgeoning fintech environment in the region, some regulatory bodies and financial…

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“Cryptocurrencies Are Here to Stay,” Believes Founder of Saudi Arabian Remittance Firm

Category: Altcoins, Bitcoin, Blockchain, Business, Commentary, Finance, News, Regulation, Tech

“Cryptocurrencies Are Here to Stay,” Believes Founder of Saudi Arabian Remittance Firm

According to Abdulaziz Al Jouf, CEO of Saudi based digital payments platform PayTabs, cryptocurrencies will succeed as an asset class regardless of the worldwide concerns around their unregulated and volatile nature. Can’t Control, Will Ban Speaking to the Arabian Business, Al Jouf said that he does not see digital currencies being banned as a whole and stated that cryptocurrencies have…

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Emirates NBD & ICICI Merge Infosys’ Finacle with Blockchain for Remittances, Trade Finance

Category: Business, Finance, News

Emirates NBD & ICICI Merge Infosys’ Finacle with Blockchain for Remittances, Trade Finance

Emirates NBD and ICICI Bank will be the first banks to pilot a network for international remittances and trade finance built on blockchain technology in the Middle East region, following an announcement on October 18 that they will be launching the pilot through working in partnership with Infosys. By collaborating with Infosys’ subsidiary, EdgeVerve Systems, the banks will be able…

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